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Finchcliffe

EURAUD: Expecting a bounce down from channel boundary

Short
Euro / Australian Dollar (OANDA:EURAUD)  
Finchcliffe Updated   
OANDA:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns Fundamental Analysis EURAUD EUR aud euro aussie RBA ecb
13
4
trendanalysis chartpattern fundamental euraud eur aud euro aussie rba ecb
Expecting strength from the Aussie this week, even though the RBA hiked, I think the Aussie was negatively affected by the fall in commodities rates in the past week.

I see no strength in the Euro and I think Friday's candle suggests that this pair may not break back into my ascending channel, this could form a double top too.

Tuesday EUR GDP data - could be indicating recession...

Expecting a fall.
Comment:
So far so good
Trade closed manually
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